1612 Parker LN, Austin TX 78741

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $681,886. Pricing this home between $314,000 and $324,000 would put it in the competitive sweet spot for 78741. This pricing would rank the home as the most expensive of 7 comparable homes on the market in 78741's current inventory. The 124 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.20 acres versus the area average of 0.15) contributes to the valuation. Buyers in 78741 have 7 comparable options right now, with asking prices between $279,000 and $875,000. Market data shows 78741 prices fallen 1.1% over the last half year. The closest comparable sale, 516 Lockhart DR, Austin TX 78704 at an adjusted $836,294, is a strong comparable. The comp data here (3 sales in 78741) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus